What is a fake entrepreneur?

Does it feel good to call yourself an entrepreneur?

Do you have posters of Steve Jobs on your wall and inspired to create a dent in the universe?

Well… that’s how the journey starts, but down the line, some of us begin to realise that it was not how we thought it would be.

Here’s an awesome video by Dale Partridge from StartupCamp on the things which clearly distinguishes a “REAL” entrepreneur vs a “FAKE”.

Being a fake entrepreneur is not necessarily bad… but it helps you get in tune with reality and focus in areas which really matter.

1. Super Freelancers

A freelancer is not an entrepreneur. You may be awesome at design or copywriting, but that does not mean you’re an entrepreneur.

The only difference is that you don’t have a boss. You can do stuff the way you want, but you’re still trading time for dollars.

That is what Robert Kiyosaki calls, “Self Employed” in the cashflow quadrant.

2. An Employee In Your Own Company

This takes things to the next level. You start your own business but you’re working for wages within your company.

This is where most of the “business owners” spend almost all their time working in their business instead of working on their business.

This is a tough space to be in coz you’ve got to not only take care of yourself but also your teams, and you usually may end up burning out in a few years.

Once again, this falls under the “owning a job” category. Your business will not be able to run without you.

3. You’re Ready To Take A Job When Opportunity Strikes

This is by far the point where reality hits you. You might have tried running your business for months, if not years… but when suddenly a perfect opportunity comes your way… you grab it!

This is also a sign of a fake entrepreneur, coz you really were only looking for the right break to sustain your family.

“Fake Entrepreneurs are those who still trade time for money!”

8 types of entrepreneurs - wealth dynamics profile test

So What Is Real Entrepreneurship

1. Purebred entrepreneurs, at the root level, are problem solvers and great delegators.

2. A real entrepreneur is one who can build systems around the functioning of their business where they really aren’t IN the business, but ON it.

3. Real entrepreneurs are those who have balls of steel, who are willing to take the risks to drive things forward no matter what. Those who are willing to sleep on the streets and yet pay their teams well to reach their goals.

4. Henry Ford was once accused of not being technically sound. His reply was YES. He may not be technically the best, but he sure does not how to hire the BEST and get them to drive the processes forward.

5. Finally what differentiates a fake entrepreneur from a real one is the ability to use their imagination to take decisions quickly and work on multiple projects by empowering leaders to run it with their vision. Richard Branson is a classic example.

entrepreneur types


Wealth Dynamics Profile Test

Many people think that there are hundreds of routes to wealth. With Wealth Dynamics, you’ll see that there are actually only eight paths to wealth and that one of those paths is the correct one for you.

These paths are highlighted by the successful people who have achieved wealth through following their natural path.

This is to say, they found the wealth dynamic match that suited their talents.

Could you imagine Richard Branson as a footballer, or Bill Gates as a fish monger?

No, they discovered the talents they were born with and capitalized on them.

They followed a path that they loved, their path of least resistance and they excelled at it. Wouldn’t you like to find your path, benefit from your natural strengths and excel?

wealth dynamics profile

Which of the eight profiles are you?

Are you a Creator like Richard Branson? Naturally creative and leaving the details to others?

Are you a Star like Oprah Winfrey? Growing a brand to shine brightly on others?

Are you a Supporter like Meg Whitman? Leading from the front where people come first?

Are you a Deal Maker like Donald Trump? Where it’s all about the negotiation?

Are you a Trader like George Soros? Profiting from a great sense of timing?

Are you an Accumulator like Warren Buffett? With slow and steady winning the race?

Are you a Lord like Angela Merkel? Where it’s all about the attention to detail?

Are you a Mechanic like Mark Zuckerberg? Perfecting the system for others to use?


8 types of entrepreneur - wealth dynamics
Wishing you success,
Siddharth Rajsekar

Siddharth Rajsekar

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